Ripple Gets Final US Approval for National Trust Bank
Ripple received final US approval for a national trust bank, which will manage reserves backing its RLUSD stablecoin.
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Ripple received final US approval for a national trust bank, which will manage reserves backing its RLUSD stablecoin.
Ondo Finance will open OpenAI pre-IPO note subscriptions the week of November 2 for two weeks, exclusively for eligible Private Clients.
26 firms including IBM, Oracle, Intel and IonQ are opposing the OKX-ICE tokenized shares proposal.
Canada's Department of Finance opened a 60-day consultation on draft stablecoin rules ending Dec. 23. Issuers must back tokens 1:1 with reserves and could not pay interest, though transaction-tied rewards would be allowed.
The OCC granted final approval to Ripple National Trust Bank on October 26, bringing RLUSD under a federally chartered trust bank.
Mizuho cited 10-20% medium-term reserve revenue downside risk for Circle as AI agents steer USDC holders toward higher-yielding fiat alternatives.
BlackRock, SBI and Startale are exploring linking tokenized money market funds with Japan’s yen stablecoin.
Ripple won final OCC approval to open a national trust bank covering reserves behind its $2.5 billion RLUSD stablecoin, with no direct role assigned to XRP.
The OCC has approved Ripple National Trust Bank, per Ripple CEO Brad Garlinghouse, giving Ripple a final go-ahead to launch its own U.S. national trust bank.
Stablecoin payments company RedotPay is weighing a confidential US IPO filing by year-end, per Bloomberg. It previously disputed reports that its US listing had been delayed.
Canada is seeking public comment on proposed stablecoin issuer rules covering reserve assets, consumer protections and regulatory oversight, as the US prepares to implement the GENIUS Act.
Ripple has won final OCC approval to launch a national trust bank, bringing RLUSD reserve management and custody under federal supervision while issuance stays with the New York-regulated entity.
Ripple has secured final federal approval for its national trust bank, advancing plans for RLUSD reserve management and enterprise crypto custody under US banking supervision.
Aviva has invested $66 million in a tokenized share class of its Sterling Liquidity Fund on the XRP Ledger, extending its partnership with Ripple.
BlackRock has signed an MOU with SBI and Startale to explore linking tokenized money market funds with the yen stablecoin JPYSC.
Ripple Treasury is targeting idle corporate cash with returns on qualifying Ripple USD (RLUSD) holdings, pairing round-the-clock operations with AI cash-management tools.
Aviva Investors put £50 million of its own money into a tokenized share class of its Sterling Liquidity Fund, launched on the XRP Ledger on October 26.
The Hong Kong Gold Exchange-backed XGZ gold token has integrated Chainlink CCIP for cross-chain liquidity.
The OCC publicly urged small US banks to consider becoming payment stablecoin issuers before the GENIUS Act licensing framework takes effect.
The approval clears the way for Ripple to manage reserves backing its RLUSD stablecoin and provide digital asset custody.
In a Gitcoin treasury discussion, founder KarlaGod suggested using BizMarket (by Bitsave Protocol) to access emerging-market Treasury bills and offered to share its BizBond API. The post was a proposal for delegates to consider.
Ripple won final OCC approval for its national trust bank, which will manage RLUSD reserves and provide fiduciary digital asset custody.
Canada opened a 60-day consultation on draft stablecoin rules requiring one-to-one reserves and fast redemption, capping redemption fees at 1% and keeping the ban on paying holders interest.
Four French financial authorities urged the European Commission to allow stablecoin rewards under certain conditions in the MiCA review, opposing the ECB's stance.
The OCC is urging community banks to become payment stablecoin issuers after finalizing its rules for the GENIUS Act, which takes effect in January.
QRT, Vertalo and zerohash joined the Issuer Sponsored Token Coalition, which is gaining momentum.
Injective launched an onchain futures market tracking Nvidia GPU rental prices across five GPUs, offering leveraged trading and potential hedging against AI computing costs.
Bitso launched Bóvedas, bringing Morpho lending vaults to its app for USDC and peso-pegged MXNB. Returns are variable and there is no deposit insurance.
Backpack linked its tokenized stocks to AI portfolio tools on Solana.
Chainlink introduced CustodySync with Anchorage Digital Bank as launch partner, letting institutions borrow from decentralized lending markets against assets held in qualified custody.